China pyramid scheme loser cons family out of US$42,000 for ‘medical bills’ by claiming he suffered testicle injury while riding bike
- Man scammed out of money in fraud racket, becomes desperate
- Milks thousands from family for ‘treatment’ of bogus testicle injury
After losing his money in a pyramid scheme, a man in China tricked his family out of 300,000 yuan (US$42,000) by fabricating a story about suffering an injury in a cycling accident.
Zhang Meng was one of two men who lost money in the scam and became so desperate they lied to their families, telling them they had serious injuries and needed cash to pay medical bills.
Fraudulent pyramid schemes involve a large network of people, with those at the top getting big payouts.
New recruits are invited to “invest” money and are expected to recruit other people to do the same.
Zhang concocted a story about rupturing a testicle while riding a bicycle with his girlfriend in a park.
He even fabricated medical reports and ultrasound images to convince his family, who then transferred a large sum of money into his bank account.